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Business News

Nigerians react as NBS claims lack of funds is delaying unemployment report

NBS’ Yemi Kale had tweeted that the reason the unemployment report has not been released is because there is no money allocated to his agency.

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Nigeria’s Statistician-General and CEO of the National Bureau of Statistics, Dr Yemi Kale, on Tuesday, November 13th, made a rather controversial Twitter post informing Nigerians that the long-awaited unemployment report has not been released because there is no money allocated to his agency to this effect.

Dr Kale’s post was made in obvious reaction to those alleging that he had been instructed not to release the data ahead of the fiercely-contested 2019 elections.

He disputed this claim, telling everyone to stop making assumptions because nobody has instructed him to manipulate anything.

“You guys need to stop this. I know it’s election time but I’ve said this repeatedly. Nobody is calling me to manipulate any data or not to release any data. The work can’t be completed due to budgetary releases. It’s not hard to confirm when last we got data funding and how much.” – Kale

Note that the Nigerian Bureau of Statistics has not released any unemployment data since the beginning of 2018, making it almost a year since the last one was released in December. It is, therefore, unsurprising why Nigerians have been curious as to what is happening, especially considering the report is meant to be released every quarter.

The last report indicated that Nigeria’s unemployment as at Q3 2017 stood at 18.8%. This is the highest since 2010, the report said.

Meanwhile, about 4.07 million Nigerians were said to have lost their jobs during this same period, thereby bringing the total number of unemployed Nigerians to some 15.99 million; up from 11.92 million in Q1 2017.

As expected, Mr Kale’s tweet has elicited widespread reactions from Nigerians

Many accused the President Buhari-led administration of “emasculating” the Statistician-General, even as they called on him to resign.

Others said they completely understand the delicate situation the Statistician-General is in. According to them, they do not wish to be him right now.

Meanwhile, others almost exaggerated the political implications of the matter, whilst taking advantage of the moment for campaign purposes.

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Others said they cannot wait for the day when the full details of what stopped Yemi Kale from publishing unemployment report will become public knowledge.

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Emmanuel is a professional writer and business journalist, with interests covering Banking & Finance, Mergers and Acquisitions, Corporate Profiles, Brand Communication, Fintech, and MSMEs.He initially joined Nairametrics as an all-round Business Analyst, but later began focusing on and covering the financial services sector. He has also held various leadership roles, including Senior Editor, QAQC Lead, and Deputy Managing Editor.Emmanuel holds an M.Sc in International Relations from the University of Ibadan, graduating with Distinction. He also graduated with a Second Class Honours (Upper Division) from the Department of Philosophy & Logic, University of Ibadan.If you have a scoop for him, you may contact him via his email- [email protected] You may also contact him through various social media platforms, preferably LinkedIn and Twitter.

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